When the vast amount of money from the Fed is dropped on the economy it does not matter where it is directed, much of it will find its way to the service providers and producers where the money will be spent. When trillions of dollars are pulled from thin air and dropped on the economy it is inevitable that much of it will find its way into the stock market.
Read MoreWhile we should not ignore the problems we do have, we should also not ignore the means that have given us the exponential improvements we have enjoyed. Jonah Goldberg in The Suicide of the West emphasizes that human progress is neither natural or inevitable.
Read MoreMany small businesses that ship online will be hurt by this ruling. Complying with the tax codes for 48 states that charge sales tax will be crippling for many of them. There will be a need for a third party to manage the sales tax issue for thousands of small online businesses. This will likely serve to make Amazon and other large online retailers bigger and more powerful in the internet sales arena.
Read Morefrom National Review, Who Will Protect Americans from the Protectionists? by George Will Today’s Republican administration promises protection against the destruction of American jobs by the Chinese, Mexicans, and other foreigners. The really prolific destroyers are: Americans. As Reason’s John Tamny says,
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